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Tag: Philippines

Posted on October 5, 2022

A $4 million jackpot in the Philippines ended up with 433 winners. Officials are calling for an inquiry.

All winning numbers were multiples of nine, which drew a barrage of social media comments, with some expressing disbelief over the results, Bloomberg reported.
Posted on October 5, 2022

The Philippines and the middle-income trap

This universal aspiration came into sharp focus recently as the NEDA announced that the Philippines will aim to be a high-income country in two decades. This came on the heels of a prior announcement …

( read original story …)



Posted on October 5, 2022

Hong Kong opens doors for financial cooperation with public, private sectors in Philippines

While it is a small city, Hong Kong is a force to be reckoned with in the global financial market. At present, it has already reached $4.6 trillion in assets under management (AUM) alone, Hong Kong’s …
Posted on October 5, 2022

Billionaire Ramon Ang’s San Miguel Offers $1.6 Billion To Takeover Cement Maker Amid Philippine Construction Boom

Our strong financial results will allow us to invest in areas needed … With a net worth of $2.45 billion, Ang is ranked No. 9 on the list of the Philippines’ Richest that was published in August.
Posted on October 5, 2022

Journalist critical of Duterte and Marcos administrations shot dead in the Philippines

Filipino radio journalist Percival Mabasa, who had been a prominent critic of the Duterte and Marcos administrations, was shot dead in the Philippines. Mabasa, 63, was driving to work at the DWBL …
Posted on October 5, 2022

Philippines: UN Rights Body Fails to Act

The United Nations Human Rights Council dealt victims of human rights violations in the Philippines a serious blow by failing to pass a resolution that would ensure continued scrutiny of the country’s …
Posted on October 4, 2022

Philippines lottery: Questions raised as hundreds win jackpot

The winning combination for last weekend’s 236m peso ($4m; £3.5m) jackpot was a series of numbers which were all divisible by nine. Philippines senate minority leader Koko Pimentel has called for an …
Posted on October 3, 2022

Philippines suffering from shortage of nursing educators – group

The Philippines is experiencing a shortage not only in health care workers, but also in nursing educators, according to a professional organization leader.
Posted on October 3, 2022

Philippines and U.S. kick off naval exercises amid China tension

MANILA, Oct 3 (Reuters) – The armed forces of the United States and Philippines launched two weeks of joint naval exercises on Monday, reinforcing a close military alliance at a time of regional …
Posted on October 3, 2022

CBDC ‘not worthwhile’ in the Philippines, Finance Sec. Diokno says

The Philippines should focus on perfecting digital payment systems first before considering a central bank digital currency (CBDC), according to results of a study conducted by the Bangko Sentral ng …

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